stuart: it is pearl harbor day december 7, so, here is the question. what time did the pearl harbor attack actually begin? 6:40, 7:15, 8:25, ashley you're first. ashley: early, i think 6:40 a.m. stuart: what do you say mark tepper? >> i thinkerly i'll go with 7: 15. stuart: i would go with 6:40 why not? oh, 7:55. it is pearl harbor day, remember , 2,403 americans killed on that attack, december 7. our time is up on this pearl harbor day. neil it's yours. neil: just amazing, there's still 100 survivors. i find that incredible but thank you very much, stuart. at the corner of wall and broad, we got a market really doesn't know which way to go. a lot of this based on competing

views among the financial lead as to where we stand. now we'll be talking to ken fish er about all of that in just a second arguably one of the world's most successful investors but weighing in right now is the citigroup ceo jane frazier saying much like we've heard from some of her colleague s, that we're in this phase of rolling company recessions, and says that india might be a bright spot that we're getting excited about. i don't know whether she was referring specifically to the market or the economy. maybe both. more worried about market liquidity and counterparties and problems that they're having with money, but if these sound familiar to you, they kind of echo what we heard from brian mo inahan from bank of america, he's a little less worried since some of his counterparts worry about severe recession that's kind of the view of jamie dimon and goldman sachs ceo david soleman but to a man or woman they are saying kind of the same kind of thing. we've got a bumpy ride ahead of us. we just don't know exactly how

bumpy, but we are exploring that in a good deal of detail here. one other thing i'm just trying to get a handle on as well is the reaction people are getting to all of this. right now, the markets are between trying to avoid what be a fifth day of losses here, but technology is still under considerable pressure. we've also had a lot of people worrying about how long and far this carries. guys, i lost my guest list now could you tell me who we have to throw to right now? okay, david nicholas and kenny polcari, i apologize for that. kenny, let me get your gauge of what the markets seem to be saying. what do you think? >> so listen. i think the markets are coming to the realization that it's going to be a little bit more difficult than everybody thought the idea of a soft landing is probably not happening. i've been saying that for a while. i don't think you can use soft and landing in the same sentence and i think that realization now is becoming a much more parent to the market, we heard a bunch

of ceos yesterday talk about caution, jamie dimon saying that , you know, maybe we'll go into a recession making sure to sit on the fence the way goldman is they don't want to call it or not but now that the election is completely over, that the nb er is actually going out to finally call the recession for what it is, and then i think that'll cause a little bit more angst but i think once they call it, then the markets will start to react better. might churn a little bit, not going to take right off but expect more volatility in the months ahead as we see what the fed ultimately does and whether or not inflation responds to the hikes that we're getting. neil: you know what's interesting, two of these major bankers, david, are saying to a man or woman, we're in for rough times. now the one person i've said they aren't going to be as rough as some of the others say, is the ceo of bank of america, says that right now, he still sees a strong consumer. he might be talking that is business after all, but he's also saying if we do fall into a

slowdown, three, you know, soft quarters, that's as bad as it gets. do you agree with that? >> i tend to agree with that and mainly around that the consumer is strong, and that's a big part of this. when i look around, neil, we're dealing with retirees every single day and inflation is certainly hurt the consumer but what we're starting to see is consumers change their buying behaviors. so we're seeing food and energy is where a lot of money is going so this is why we're seeing investments shift that way as well. financial companies like financials, energy companies, those are much more quality companies in this environment. i think dividends are going to make a much-bigger part of the total return going forward. we're seeing investors make that change, so yeah. i think we could be in for a pretty volatile two quarters of the year next year but this is why as long as we're owning quality companies like take walmart a company that's growing their earnings, or growing their dividend, by 20% year-over-year. those are the names that you're going to want to own in this environment to make sure

you can keep up with companies that have really good pricing power. neil: you know, what's kind of weird, guys, about the market. i'm not trying to make a general statement but we are looking at five days of losses. looking at aggregates, is how they lately, at least, seem to sluff off even good news or better-than-expected news, even on the inflation front. for example, i notice third quarter productivity was revised higher-than-expected and labor costs were revised lower than expected. it was a collective selling what did you make of that, kenny? >> i think the market continues to be confused, right? the messages are different so people are tired of, you know, which way is it going? are we getting weaker or stronger? we'll make a soft landing or a hard landing so i think when that happens, the path of least resistance tends to be lower, where people say, you know, they get nervous and anxious. money we're seeing money move into short duration fixed income , right? you can go to the bank now and get almost 4.5% in a 12-month cd , one month t-bills you get 3.9% so there's a real

challenge there, as people are trying to figure it out but one way or the other, i think the market is now expecting that while we're going to see the fed hike into march, if inflation does not respond by march, then you're going to see hikes in april, may, and june as well, and that's something that they've been trying not to talk about but i think is going to become much more of a reality. neil: you know, david, i'd be curious what you make of the environment here, because as bullish, i'd say compared to his colleagues, as brian moinahan was when chat ting with us yesterday at bank of america, his team is still on the record saying the s&p could fall another 20% from here, from here, despite his relatively sanguine view on the economy and a mild recession if one at all. what do you make of that? a 20% hit from where we are already. >> yeah. neil, that seems like a lot, right? that would hurt a lot of investors but you can simplify this because it really comes

down to the multiple on earnings i think there is some truth to that, because if we get into first quarter, and we're seeing, we already saw earnings were good but they weren't great, and i don't think earnings are getting better, so i think this 20% drop has everything to do with what's the multiple going to be? it's not going to be 18 times earnings. it's probably going to be more like 16 times earnings, and then that could get us down into that 3,400 level for the s&p 500 for a fair valuation, so i'm not , i don't want to alarm investors, but it's just simple math and the math when you look at the earnings multiple, if earnings are coming down next year, we could see markets come down and this is why we just say you know what? it's going to be tough to time this , & companies will pay [ technical difficulties] neil: all right sorry about that we had a little bit of a freeze but again he sort of is playing it by ear, because it changes by the day. you know, one constructed development depending on your point of view on covid and whether the worries and zero

tolerance policy went a bit too far, so china is reversing that not necessarily getting rid of zero tolerance but a heck of a lot more tolerance and vade a lot of the asian markets in hope they can start reopening and getting those fancy iphones out. it might be the case of the markets getting a little ahead of themselves because there are big caveats here and not everybody in china is on board with this. let's get the latest from susan li. hey, susan >> well if you can find one bull market in the world right now, it's china. you had hong kong stocks coming up 20% from those bottoms so yes , you are in a bull market run that started last week, but it does seem like beijing is listening after some of the most widespread protests across china in 30 years. so china last night scrapping some of their most controversial covid rules in the first official national covid policy shift after those anti-lockdown protests that took place in as many as 40-plus cities across the country. a 10-point plan that was released and china now crap

scrapping that controversial qr code requirement and that's what you need to go to public places and everyday to your offices home quarantine now allow for milder cases instead of being locked up in state camps. domestic travel no longer needed and you don't need a negative result or test upon arrival to travel ink across country, so the softening shift from china's zero covid restrictions has really been a reason that chinese stocks are up 20% from those recent lows, but don't forget you're coming off 80% down so you're still down about 50% despite being up about one- third from the bottom. morgan stanley also upgrading their view on china stocks for the first time in two years, now calling it an overweight, meaning that you can make money on the reopening and businesses getting back to normal so add some to your portfolio, that optimism has fueled the best november in 19 years over in hong kong trade and we seen the same thing for u.s.-listed china stocks here, alibaba, jd, billy billy also rallying double-digits just in the past month or so, but china

's lifting might be too little too late when it comes to the world's biggest companies and yes that does include the biggest apple. we know they are speeding up plans to diversify away from china reportedly shifting some of their production away to india and vietnam instead and yesterday you had apple at that arizona tsmc opening, buying u.s.-made chips. tim cook confirming this and they are buying u.s.-made chips for the first time in 10 years, and neil, that investment in arizona, that $40 billion investment by tsmc some say it was apple that pushed tsmc to build that facility because they want to getaway from the disruptions in china but also possibly to keep more high-tech production here in the u.s. to avoid possibly some china-taiwan tensions in the future. neil: all right, you're talking about a taiwan semiconductor of course. susan, terrific job. i appreciate laying it out like that. want to go to christian white, the former state department official. christian, while i'd love to believe that maybe china has

recalibrated here and with every , you know, hint of covid they don't shutdown the entire country, but their past illustrates that is exactly what they do. now these protests some of them very severe, some very violent, likely has changed that posture, but i don't know to the degree that maybe some in the markets are hoping. what do you think? >> i think you're right to be suspicious. this is, you know, we're still in this atmosphere of xi-jinping basically putting ideology ahead of business, the fundamental change of what came before him and what even came earlier in his tenure, so this is probably a tactical gesture. we're seeing this in iran with protests there where you have to wait and see if the government is really going to follow through with this. there's also the situation where we see this across east asia frankly where the government tells people for the course of three years that this virus is critically deadly, difficult to manage, requires stringent requirements that if you turn around and say oh, okay we were kind of just not serious about that, you can

go about your lives as you did before. the public doesn't respond immediately and then of course, you have to look at the backdrop in china. you still have a real estate crisis and a number of other serious serious business issues. neil: you no one thing i've learned from you, of course one thing i really appreciate about how your brain works is you never buy the consensus for the moment, and one of the things we were talking about not too long ago, my friends, talking about xi-jinping essentially being named what, ruler for life, right? the wind was at his back, nothing could stop him and then along come these protests. i'm not going to take the leap that says it's in question any more, but it's not such a sure shot, and how is that playing out internationally? >> i think you're right. no one thought even just a few months ago that xi-jinping's third term be marked by protests that were not instantly extinguished. now we still don't know what's going to happen. china certainly has identified those involved in protests and all that but he's in saudi arabia today for a big summit

with mbs, the de facto ruler of saudi arabia and there has to be a cloud over his tenure that this person is not quite the strong man and completely secure solution. if you also look at past communist regimes, stalin was untouchable, the absolute ruler of the soviet union but who succeeded him ultimately was stabbed in the back so it didn't lead to liberal democracy. it led to a change within the soviet system, so you could have potential factions. we think that xi-jinping has done a good job of containing them controlling them replacing them, but people within the ccp , who may say, you know, our interest may not be served by having this guide be dictator for life. neil: we shall see , christian w hiton, great seeing you again. >> thank you. neil: in the meantime we have now set the table for the new united states senate going into the new year, it's going to be a 51-49 democratic senate, that extra vote coming yesterday for democrats and meaning that it's not just one vote. it changes the makeup of

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neil: all right the table is set we have a 51-49 democratic united states senate that extra pickup yesterday in georgia after raphael warnock headed off hercynian election that had a lot of people surprised, because there were hopes ahead of that so-called red wave that republicans would pick-up the united states senate as well that did not happen. connell mcshane has more from atlanta. connell? connell: hey there, neil. funny enough if you really look at it not much changed here in georgia in a month, right? we had another close race, only this time slight improvements from senator raphael warnock more than enough to put him over-the-top given that victory overhears, the candidate who had been backed by former president trump. you just look at the state-wide numbers what you will see there is you know a close race with

high turnout. more than 3.5 million total votes in the runoff we had nearly as many as the general one about 3.9 million turned out but dig in, and the key for warnock really, he did better with the largest number of people. you look at the screen, look at the column on the right. he improved his early november performance by either three or four points in fulton, cobb, and guinette counties and those are the areas that makeup atlanta. in his victory speech last night seemed like warnock tried to reach out after being accused of just being a rubber stamp for president biden throughout the campaign. >> i'm proud of the bipartisan work i've done and i intend to do more, because i actually believe that at the end of the day, we all americans. i believe in that american covenant. connell: now, herschel walker appeared on stage last night with an old football teammate and fellow heisman winner, doug flutey, and they played together on the new jersey generals way back in the 80s, a team owned by president trump, who had recruited walker to run

in this race and at the end it was a campaign with controversy that just came up short and walker in a short concession speech last night says he won't make any excuses for that. that was it. it was over, and just like that for the first time since 1934, no incumbent senator from the president's party lost re-election. now you look at the split in the senate 51-49 to the democrat s in the chamber they now outnumber the republicans on the senate committee. so even though technically the democrats had clinched control of the senate before last night this takes it a step further and one of the things that comes along with that, neil , is subpoena power. so, it was an important victory in that respect. neil: to put it mildly. great reporting my friend. i do appreciate it, connell mc shane following all that. want to go right now to sean duffy with all these developments the former wisconsin congressman, fox star, his wife seems to be a bigger star to me but anyway always good to have you congressman, thanks for coming.

>> hi, neil. good to be with you. neil: let me get your take on the battle now republicans have going to select their new leader in the house. kevin mccarthy was the odds on favor, i'm not saying that those odds have changed markedly but it ain't going to be easy. what do you make of those particularly the conservative members who said we don't want him. >> right, so you have a small group of conservatives, neil, that said listen, we want someone other than mccarthy but the problem is when you have 90% of the republican conference that wants mccarthy, this 90% isn't going with this other 10% that wants someone else so you have this standoff. what's going to happen in the end, unless they come over to mccarthy, there's not going to be some middle of the road republican that's going to be acceptable to everybody. i think you're going to see whether it's up to the congressman from michigan who is , you know, he didn't run again for re-election. you could see in his very moderate could go with him, adam kinzinger, liz cheney, and there

will be partnership with democrats to do that, so when you have these conflicts, things don't get more conservative. they get more liberal and so i think these holdups that are opposed to mccarthy are making a grave mistake, because the leadership, again, won't go to them. it'll go somewhere that i think nobody really likes, and the house will be worse off for it. neil: they've got a tender lead to put it mildly. obviously democrats of the united states senate, now in the world i live in which is all about money. as you know, sean, they love divided government because presumably nothing gets done and there are two ways to look at that and it's not always such a constructed development, but playoff the next few years. >> well as evidenced by i think a green tie neil, the color of money that's right. so you made a good point with connell mcshane that the senate democrats will now have subpoena authority. that's new for them but the democrats already had subpoena authority in the house.

they controlled the house. what's going to be unique in the next two years, neil, is the fact that republicans now have a body that they'll have subpoena authority over, and you'll start to see far more investigations digging into areas that conservatives care about, probably exposing the biden administration to things they don't want to talk about. there's that and you're right. when you have a divided government, things slowdown, it takes more time. you'll probably see president trump try more executive action because things won't move quickly through both chambers, and listen, spending as you mentioned is a big deal. republicans have a huge power now over the purse in the house. they can restrain spending whether it's, you know, on border issues they care about or fbi issues, education issues that they care about, and that's powerful. now, we could be confronted with do they go so far as to have a shutdown? well that's a conversation that republicans inside their conference will have to have,

but it's going to be a fight now that you didn't really have over the last two years and again, i think the differences in the parties, the two really different views of where the country should go that both parties hold will be brought to a head, as they have these battles especially over like i said spending. neil: you know, while i still have you, sean, what do you make of all these republicans who have come forward to express concern about donald trump being their 2024 standard, that some are blaming the losses and the senate situation in the georgia race specifically on the former president. others are saying it's legal and other financial issues are going to make it difficult for him to win, and some are outright saying whether he wants us to or not we're challenging him nevertheless. what do you make of that? >> well, i think if you fairly look at president trump, he, you know, maiden doorsments and those endorsements won, but he made other endorsements in big races whether you just mentioned georgia or pennsylvania, in

arizona, and he lost those , right? when you get in the ring and you play this game and you lose, you kind of hold the bag of dirt, neil, and donald trump does hold that, and i think there's some conservatives who say listen he lost in 2018, he lost in 2020 and he lost in 2022. we should look for somebody else but my opinion is if you look at the heart of where, you know, the american conservative is at right now, they love donald trump. because they know what they are going to get. yes, they might not like every fight, every tweet, every argument that he gets in but what they do like is that he's going to fight and pushback and i think what's clear is, you know, whether it was george bush or john mccain or mitt romney the media has got progressively nasty to republican presidential candidates and the pinnacle of that is donald trump. it's only going to get worse, and i think the question is can ron desantis take that heat? can nikki haley take that heat? they know donald trump can take

it, and it's going to come and i think they want a leader whose not going to buckle at the knees when the pressure comes and i would argue unfairly comes to whoever republicans nominate and they get that in president trump and again, to have a fighter for them, where they haven't had that in the past, maybe going back since ronald regan, that's what they are yearning for but i think you make a good point. i think there's real concern by a lot of republicans that donald trump can win the primary but will lose the general and the concern is then, neil, that we have great debate issues. where should we go with the economy. what kind of taxes should we have? you lose by default, right? you don't lose on your ideas if you lose for default. neil: so it used to be that donald trump was the guy who would lead the party. now, many are saying you're damaged goods, not what you were , given these latest developments we'll try and the fact that so many now are anticipating runs of their own without checking with donald trump first, i wonder what the that tells you very quickly. >> well, i'll tell you, it's

going to be good for the party. i think you want to have that kind of debate. metal sharpens metal, neil. you want a debate and people on the stage and punching each other so you can sit back and evaluate is it donald trump or someone else. the voters deserve that knuckle- on-knuckle fist fight in the ring and we'll get that i think. neil: well-put. sean great catching up with you, thank you very very much. as the former congressman is wrapping up we're learning right now from the securities and exchange commission chair mr. gensler that crypto intermediaries should be looking over their shoulder. he labeled a good man it of them as crypto casinos also saying that they should come into compliance with the law and in a yahoo financial interview, yahoo finance interview made it very clear he doesn't think a good man it of them are doing that. the fallout from that after this

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you ok, man? the internet is telling me a million different ways i should be trading. look! what's up my trade dogs? you should be listening to me. you want to be rich like me? you want to trust me on this one. [inaudible] wow! yeah! it's time to take control of your investing education. cut through the noise with best-in-class education resources that match your preferred style of learning. learn your way. not theirs. td ameritrade. where smart investors get smarter℠. neil: all right, this often changes, and sometimes, all it takes is a few hundred thousand dollars if you want to be the

world's richest human being and right now, that person is not for the time being elon musk according to forbes right now, he has a net worth of about $185.7 billion, mostly because of his tesla holdings; however, lvmh chairman and ceo bernard renault is worth $185.8 billion, so, a little bit more, but this changes literally on the day. this one stood out, because this has been lasting for more than a few days. now, whether there's any value when you're worth this kind of money, do you really continue counting? well bragging rights to be the world's richest individual matter to those individuals but maybe not all of those individuals. all right, so that's the latest on that front. speaking of elon musk, we've got hillary vaughn on capitol hill. right now the back and forth over who stays and who goes and a lot more. what's the latest, hillary? reporter: hey, neil. it turns out these twitter files that elon musk released to be

transparent about what led to the censorship of the hunter biden story on twitter had former fbi general counsel james baker's fingerprints all over it after leaving the fbi, baker was brought to be twitter's deputy general counsel and was still on the payroll until yesterday when musk found out it was baker screening the documents before handing them over to reporters. musk tweeting this , "in light of concerns about baker's possible role in suppression of information, important to the public dialogue, he was exited from twitter today." republicans now want baker to come to capitol hill and testify >> the great thing is now he can bring people like james baker in and put him under oath and depose him. thankfully elon musk identified this issue with him and terminated him and escorted him out of the building and now we'll get these unredacted documents. we're going to obviously subpoena some of these documents reporter: the two reporters that musk was handing these twitter

files over to gasped when they found out it was baker doing the screening. independent reporter matt taibbi tweeting over the weekend while be dealt with obstacles to do searches it was bari weiss who discovered the person in charge of releasing the files was someone named jim and when she called to ask jim's last name it came back jim baker. now republicans want to know how deep the relationship goes between the fbi and big tech. >> what i'm committed to doing, what the members of the republican members on the judiciary committee are committed to do is get into the fbi's role. those weekly briefings they were doing with big tech on the heels of that letter from 51 former intel officials that said it was a russian disinformation operation, baloney. they knew it was baloney. reporter: and neil, in january, republicans will take over control of the house. they will control the powerful house judiciary committee and oversight committee. both of those soon to be committee chairman saying they

do want to hold hearings on this , and they want to use their subpoena power to get to the bottom of it. neil? neil: hillary, thank you for that. meanwhile we're getting word right now that ftx founder sam bankman-fried, well they call it lawyering up but you'll never believe with whom he is lawyer ing up. let's get the latest from kelly o'grady in los angeles. kelly? reporter: hi, good to see you, neil. yeah, sbf is lawyering up. we've confirmed the disgraced founder has retained new york defense attorney mark cohen. if that name sounds familiar, it's with good reason. he most recently made headlines representing convicted sex trafficker ghislain maxell and that likely isn't coming cheap and the former billionaire claimed he has just 100,000 in his bank account and is not sure how he pays for his legal fees. representation comes not a moment too soon. new york federal prosecutors begun investigating claims of fraud. he's also facing class action lawsuits and probes by a number of regulatory bodies including the sec and now representative

maxine waters is urging him to testify at next week's hearing. sbf, despite feeling comfortable enough to talk to the media doesn't think he's there yet. >> this is going to depends on what they would want to ask about and what they want to hear but i'd want to feel like i was in a position where i could give kind of fairly complete answers to their questions, where i wasn't left saying here is my best guess. reporter: but while celebrities and investors alike were taken in by the former crypto king, one may have known it was all going to go down in flames. that's right. taylor swift reportedly came close to finalizing a sponsorship deal with ftx worth over 100 million. besides the endorsement deal a partnership involving her tour was said to have been suggested that would have involved a ticketing deal with nft. with the ticket sale process already chaotic imagine if the tour was tied in up ftx? i'll make a pun, she must have known sbf was trouble.

i'll send it back to you, neil. neil: oh, i see what you did there. great job. thank you very very much for that. so what exactly is going to happen to this guy who was an a claimed wonder king, who, you know, bills made it look easy and now, down to millions, and maybe not even that. let's get the read on all of this with the former u.s. justice department fraud section, fed prosecutor former assistant u.s. attorney. he knows of what he speaks. david, very good to have you. >> good to be here. stuart: is this guy going to jail? >> it's early, neil. it's hard to say. so much to be found out in the next month, maybe even a year. the issue is so much of this may have occurred overseas so we're not really sure what laws would apply there, what he said related to the u.s.-based company versus what he may have been doing with assets over there, so it's kind of a sit-and -wait but the investigations will certainly be there. neil: is there any modern day parallel that we could be looking at here, david? i'm thinking of like, you know,

a ponzi type scheme where you are building and bringing in, you know, investors and then burning the rest. in other words a bernie madoff- type deal. not exactly analagus but as close as maybe we'll get. >> i mean, again, it's hard to say. what it really comes down to is what he was telling customers, what he was telling investors, right? if it was just using funds that they had overseas to send it to alameda, that may have been legal where they were licensed. that may have been something he could have done in the bahamas as long as he wasn't telling customers or investors otherwise that may not be something for which he has liability which is very different than the law in the u.s. on that type of thing. neil: we do know that every regulator and/or united states senator or politician wants to sort of rain on this entire, i would extend it to all of blockchain technology where they want to just slap some new rules , and requirements and some

you get a sense out of people like elizabeth warren, remove it all together. where do you think this goes? >> hopefully not way. i mean, you shouldn't penalize an entire industry based on what one bad company has done. we had financial services crisis in 2008 and there were bad companies then. it doesn't mean the whole industry is bad but there are bills out there in congress right now that actually have solutions for this. they have a federal regulator primarily in the cftc with some sec regulation that have a lot of good provisions in them that would give investors confidence, that would give federal oversight and really put this whole industry on the right track. neil: we'll watch it closely, david, thank you very very much. i don't believe aaron judge is worried about blockchain technology or crypto. he might have some, but i do know this latest contract he got from the new york yankees is payable in u.s. dollars over nine years and $360 million. no baseball player has been

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♪ if i can make it there, i'll make it anywhere, it's up to you , new york, new york ♪ neil: and new york delivered even though we're told that a number of other baseball franchises including the san francisco giants were willing to pay top dollar to get aaron to judge there's the best deal. see what i did there? aaron-to-judge. anyway he signed on to a deal that amounts to about $360 million over nine years. this is the same guy at the

beginning of last season had turned down a $231.5 million offer over seven years. he then puts in one of the best season performances that we've seen in quite sometime. secured this eye popping deal and big offer and could having ended his career as he began it, in pinstripes in new york. save id sampson, the former miami marlins president back with us. david, what do you make of this? >> i make this was the greatest negotiating job i've ever seen by a player and his agents. not only did he turn down the money of $213 million but then he had the best year ever, historic, and then he made sure that the yankees knew that he could go to san francisco. leaked out that information. the whole internet went crazy, and the owner of the yankees called him up and said no, no, i can't handle the bad pr, and he matched the deal and ended up getting that ninth year

$360 million and 12 hours later he got what he wanted. he's a yankees, he got the money he wanted and everyone gets to live happily ever after. neil: you know, he did play this very well. a lot of people were surprised he turned down what seemed like a very generous offer roughly a year ago but he did and he puts in one of the most incredible seasons ever. i'm just wondering whether this signals, now he's in a league of his own, i grant you, ideas for other players who might be going through negotiations. >> well listen. it's great to take advantage. all boats rise with the tide so what you're seeing are when domino's fall in free agency you wait for people to sign at the top and then you nudge yourself in right below saying i deserve more years and more money than i thought i was going to get , thank you very much, aaron judge , but keep in mind that a contract like this , he will not be this productive, maybe ever again, it was such a historic season so they're paying him at the absolute high. it's not exactly good business

but hal steinbrener could not take the bad pr of letting aaron judge go west. neil: i think whether it's football or baseball or some who signed these very very pricey contracts, and then they don't necessarily deliver the goods. you know, you have an alex alex rodriguez who seemed a little bit after signing an eye popping deal that it sometimes backfires on you. management even maybe suspects it but it's in their interest to keep a marquise player with them than with somebody else. what do you think? >> so what they do is they do a strange allocation. so while we say this is a nine- year deal over 360, when you are the gm or president of a baseball team, you say he's going to be productive for five years, so we're really giving him 360 over five, and we'll write-off the last four years. we've seen that with a bunch of players. you simply cannot be that good into your late 30s and early 40s unless you do steroids which aaron judge does not do.

therefore, the yankees say let's keep him, let's try to win now, and we'll worry about the future later and as you know, in business, when you never worry about the future, it tends to come up faster than you know and all of a sudden, the future becomes the present. neil: and you just think, david, of all of the endorsement contracts and deals he could be looking atria that dwarf even what he's got now, this could be mega. >> baseball players don't get a lot of endorsement money because they don't like working on their off days because they don't get a lot of them, right? they play 162 games in about 184 days. that's why you don't see many commercials with baseball player s so the majority of their earnings come on the field and aaron judge making $40 million a year, that's the most of any position player in all of baseball, behind only mac sherze r by the way and juustin verlander, to throw the ball every five days so i

think aaron schlossberg doing just fine. he wanted to have a legacy career and would like to be the captain of the yankees and i feel for san francisco because they thought they had him and now the fan base feels disappointed and that leads to more desperation by those owners who leads to escalating salaries for free agents who will now sign with san francisco, so there's a total domino effect with a deal like this. neil: yeah, maybe he can still squeeze in a subway commercial here and there but you're right. the time and the schedule is busy. david, always learn a lot. thank you very much david samson , a former miami marlins president. meanwhile taking a look at the border the president says that there are more important things going on right now, some developments today that would seem to argue otherwise.

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millions who have crossed into this country, hundreds of thousands more got aways that are now picking up the pace. the read from the fellow whose outraged about this long before these latest developments, i'm talking of course about the national border patrol council vice president. art, very good to have you, i'm sorry under these latest circumstances. do we know much about this agent and what happened? >> there's still some information that's there. of course we have to wait for the agency itself to release any information about the whole situation but you know , it's just horrific and it goes back to the policies and the failed policies of this administration. we have fentanyl, heroin, methamphetamine, unaccompanied juveniles, military-age men, women being abused. all this is happening on our southern border and now, unfortunately, we have an agent paying the ultimate price. it's something that, you know, you feel for his family, you feel for the agency, you feel for his co-workers. everyone as a whole, and what

does the president say, you know there's nothing going on. they continue to ignore the problem. they're looking at it as if nothings happening, and it's infuriating. it's not just a slap in the face for the men and women out there putting their lives on the line. it's a slap in the face to the entire american public because they have given up on these borders. they have opened the borders. they have turned everything over to the criminal cartels and it is sickening. these individuals need to start showing the same hatred that they have towards the last administration, they need to show that same love towards this country, and it's sickening to see this and have to deal with it eve and everyday. neil: you know, i'm wondering if they have a different political read of it though. you're coming to me from i believe tucson, arizona, and arizona just certified the election of democrats who look like they were in a potential world of hurt on this very issue, including the incoming governor and of course, mark kelly re-elected as senator. this was an issue that was

thought to take either one, both of them down, didn't happen and maybe the white house is reading into that and even in a border state, this isn't the big dram that its been made out to be. what do you make of that? >> no, and you know a lot of it is when you look at arizona and focus on that alone it still continues to lead the entire country when it comes to the got aways but i've had people say well can you get us visual of these got aways? if i could get you a visual, they wouldn't be got aways they be gotcha and that's part of the problem a lot of people are focused on what they can see , what they can't see but the reality is across the entire border, it is chaos, every single sector has different things going on. you have the large groups turning themselves in in texas pre occupying some of the agents and that's where a lot of the criminal aliens is being trafficked but then you got areas in arizona where they will select certain areas to send the groups, move agents out of that area, leaving areas open that's why you have the got away s and the drugs come in. we're stretched really thin.

you've got agents being moved from one area to the other to help with process and apparently , other agencies is wanting to focus on is processing faster and not defend ing our nations border or catching criminals. neil: art, thank you very very much. to your point, there's plenty of video of the millions who have crossed the border beyond the got aways. it's there. more after this. [ marcia ] my dental health was not good. i had periodontal disease, .. .. at clearchoice was going to afford her that permanent solution. .. the ability to take on the world. i feel so much better, and i think that that is the key.

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